Archive for September, 2008
Case Shiller Report For July, 2008 Not All Bad
With all of the economic turmoil, negative press, and genuine feeling of pessimism across the country about the real estate market, there are some bright spots as bottoms are being found. Minneapolis turned the corner as has Denver, Dallas, Detroit (OMG), Boston, and Atlanta.
Of course the bubble c…
Long Island Retail Real Estate Networking Group Finds Success
Slow market getting you down? Here is a great idea for those who are a little web savvy on how to jumpstart your networking in a slow market.
Create a networking group for those up and down the real estate food chain in your community that meets online and offline. The cost is low and the opportuni…
The Sky Is Not Falling When Bad Bills Do Not Pass
Today’s actions by the House of Representatives spooked the market, no doubt about it. But the actions they proposed would have put the US Taxpayers behind the 8 Ball and allowed the stupidity of the Wall Street banks to go unpunished.
Sure the market dropping is not fun. 777 is a numbe…
$700 billion bail out plan blocked
The United States House of Representatives today voted against the much ballyhooed $700 billion financial rescue or “bail out” plan (228-205), which would have given the government the authority to purchase bad mortgage loans and other poor performing assets from major lenders nationwide…
European Governments Attempt Rescue Of Fortis, Hypo Real Estate and B&B
Our politicians have made this economic crisis seem like a national problem, but reports coming in from overseas are showing that it is an international problem. The financial markets tried to create a new tool to manage investments in debt that was bad.
And that tool failed, it happens and now we …
Real Estate Agents Avoiding High Cost Of Gas Selling On Bikes
When you are a real estate agent in a slow market you need to focus on your strengths. Some enterprising real estate agents in Portland, Oregon have gone one step further. They have recognized that the green lifestyle is popular and have incorporated it in their sales techniques.
They sell real esta…
Will Fire Sprinklers Be Mandatory in New Homes in 2011?
At a recent meeting of the International Code Council a motion was approved to make fire sprinklers mandatory for homes in 2011, a scant 2 years away. The mandate will add the added expense to new home construction for 1 and 2 family homes to gain an additional layer of safety in the event of a fire…